Is Bloomfield Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bloomfield Township has remained a Seller's Market.
Housing Prices in Bloomfield Township, IA
How much do homes in Bloomfield Township, IA cost?
Median Sold Price
$215,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bloomfield Township was $215,000 in April 2024, up 12.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $95.7K | +0.8% |
2 Bedrooms | $147.7K | $159.2K | +7.8% |
3 Bedrooms | $200K | $225K | +12.5% |
4 Bedrooms | $223K | $250K | +12.1% |
5+ Bedrooms | $275K | $343K | +24.7% |
Summary: Bloomfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Cities
Bloomfield Township | $190.4K | $215K | +12.9% |
Norwalk | $301.7K | $325.5K | +7.9% |
Des Moines | $194.9K | $209.9K | +7.7% |
Des Moines Township | $200K | $209.6K | +4.8% |
Walnut Township | $289K | $300K | +3.8% |
Housing Supply in Bloomfield Township, IA
How many homes are available in Bloomfield Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 134 | +3.9% |
Summary: The Bloomfield Township real estate market had 134 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 22 | 25 | +13.6% |
3 Bedrooms | 63 | 58 | -7.9% |
4 Bedrooms | 35 | 39 | +11.4% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Bloomfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 32 | +3.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Bloomfield Township in April 2024, up by 3.2% month-over-month. Of the 32 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Bloomfield Township, IA
How long does it take to sell a home in Bloomfield Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 39 Days | +48.9% |
Summary: Homes in Bloomfield Township had an average of 39 days on market in Apr 2024, up by 48.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Bloomfield Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.